IIA Exam IIA-ACCA Topic 5 Question 67 Discussion

Actual exam question for IIA's IIA-ACCA exam

Question #: 67
Topic #: 5

Which of the following statements is false regarding the internal audit approach when a set of standards other than The IIA's Standards is applicable to a specific engagement?

AThe internal auditor may cite the use of other standards during audit communications.

BIf the other standards are government-issued, the internal auditor should apply them in conjunction with The IIA's Standards.

CIf there are inconsistencies between the other standards and The IIA's Standards, the internal auditor must use the more restrictive standards.

DIf there are inconsistencies between the other standards and The IIA's Standards, the internal auditor must use the less restrictive standards.

Show Suggested Answer

Suggested Answer: B

by Lindsey at Dec 11, 2023, 02:49 AM

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Arlene

14 days ago

But if the other standards are more restrictive, shouldn't we follow those?

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Lamar

18 days ago

I disagree, I believe the answer is C.

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Arlene

21 days ago

I think the answer is D.

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